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HiI bought two properties this year and sold them for a profit. It is my understanding the profit from those flips will be treated as active income and subject to self employment tax. However I didn't even lift a fing...
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I selected this forum because I want my story to be a successful one. But I doubt it.. And really today I feel like I want to give up.
In 2003, I came to the US through a work visa. Apart from job, I dreamed of esta...
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Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...
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Hi all! I am new to this forum and I am a new landlord. I am a college student in California. My aunt bought a condo in CA. She said I could live there for free, and asks me to rent out one room. So I posted my ad on ...
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I spend a decent amount of time lurking here but rarely post. That said, I thought I'd share my recent Mobile Home investment story. I was looking to buy some mobile homes last summer for cash and then flip it as an o...
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Background
Since the start of the Covid pandemic in March 2020, home prices are up a staggering 45% – according to the National Association of Realtors. Sellers have enjoyed a wildly imbalanced market for the past c...
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Question at the bottom if you hate long posts, lol.
So literally 30 minutes ago, my neighbor who lives across the street told me she wants to rent my home. We are moving this weekend and planned to lease through a P...
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Landlords - Help the new folks out and let them know what you were doing with you bought your first property! Can you get started in real estate investing while working a full-time job? Click Here to Take the Poll!Cli...
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Hi, what's the best site to get a tenant's credit score? and is it free? Also, is it important to check criminal history? if yes, what's the site to do so?Thank you!
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I'm unfamiliar with this score but I've done some research and supposedly it is more accurate than a regular credit score as it reports rent payments. My question is: If a landlord does not report rent payments for th...